Vault-13

ARK ETF TR ARKW

NEXT GNRTN INTER · ETP · CUSIP 00214Q401 · ISIN US00214Q4010

228 institutional holders -16 vs Q4 2025
4,011,9184.0m shares reported held*
$473.0mreported value*
20 new 58 added 75 reduced 32 sold out net sold ≈ $63.2m (-524.2k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($465.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $117.90. Options: 5 managers hold calls ($11.6m notional), 4 hold puts ($30.0m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 218Q4 22: 217Q1 23: 213Q2 23: 210Q3 23: 217Q4 23: 229Q1 24: 222Q2 24: 220Q3 24: 197Q4 24: 214Q1 25: 205Q2 25: 228Q3 25: 246Q4 25: 244Q1 26: 228228Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022218
Q4 2022217
Q1 2023213
Q2 2023210
Q3 2023217
Q4 2023229
Q1 2024222
Q2 2024220
Q3 2024197
Q4 2024214
Q1 2025205
Q2 2025228
Q3 2025246
Q4 2025244
Q1 2026228

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q2 24: 55 bought or addedQ2 24: 113 cut or sold outQ3 24: 38 bought or addedQ3 24: 122 cut or sold outQ3 24Q4 24: 79 bought or addedQ4 24: 80 cut or sold outQ1 25: 62 bought or addedQ1 25: 108 cut or sold outQ1 25Q2 25: 90 bought or addedQ2 25: 100 cut or sold outQ3 25: 128 bought or addedQ3 25: 76 cut or sold outQ3 25Q4 25: 103 bought or addedQ4 25: 104 cut or sold outQ1 26: 78 bought or addedQ1 26: 107 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 202455113
Q3 202438122
Q4 20247980
Q1 202562108
Q2 202590100
Q3 202512876
Q4 2025103104
Q1 202678107

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30m$40mQ2 25 calls: $26.2mQ2 25 puts: $16.4mQ2 25P/C 0.63Q3 25 calls: $27.4mQ3 25 puts: $8.1mQ3 25P/C 0.30Q4 25 calls: $10.3mQ4 25 puts: $2.8mQ4 25P/C 0.27Q1 26 calls: $11.6mQ1 26 puts: $30.0mQ1 26P/C 2.59
Numbers
QuarterCallsPutsP/C
Q2 2025$26.2m$16.4m0.63
Q3 2025$27.4m$8.1m0.30
Q4 2025$10.3m$2.8m0.27
Q1 2026$11.6m$30.0m2.59

Biggest buyers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +73,497+73.5k
Foundations Investment Advisors, LLC Added +62,119+62.1k
Vienna Asset Management LLC New +18,956+19.0k
Gradient Investments LLC Added +14,492+14.5k
RAYMOND JAMES FINANCIAL INC Added +12,940+12.9k
GFS Advisors, LLC New +9,564+9.6k
Anfield Capital Management, LLC Added +8,235+8.2k
Quadrature Capital Ltd New +8,130+8.1k
JANE STREET GROUP, LLC Added +6,881+6.9k
Kestra Advisory Services, LLC Added +6,251+6.3k

Biggest sellers

MORGAN STANLEY Reduced -335,222-335.2k
TWO SIGMA INVESTMENTS, LP Reduced -93,000-93.0k
LPL Financial LLC Reduced -57,885-57.9k
BANK OF AMERICA CORP /DE/ Reduced -47,963-48.0k
CITADEL ADVISORS LLC Reduced -38,690-38.7k
GTS SECURITIES LLC Sold out -23,067-23.1k
BNP PARIBAS FINANCIAL MARKETS Reduced -20,414-20.4k
Stratos Wealth Partners, LTD. Reduced -14,841-14.8k
CoreCap Advisors, LLC Reduced -13,682-13.7k
CWM, LLC Reduced -13,409-13.4k

Biggest calls

CITADEL ADVISORS LLC Added $4.7m38.9k shares
JANE STREET GROUP, LLC Added $3.9m32.2k shares
IMC-Chicago, LLC New $2.1m17.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $639.2k5.3k shares
Belvedere Trading LLC Reduced $289.5k2.4k shares

Biggest puts

JANE STREET GROUP, LLC New $23.5m194.7k shares
CITADEL ADVISORS LLC Added $5.5m45.5k shares
IMC-Chicago, LLC New $711.6k5.9k shares
Pavaki Capital Management LLC Unchanged $361.8k3.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Foundations Investment Advisors, LLC 0.90% of their portfolio PHOENIX, AZ 599,691599.7k $72.3m $72.3m 0.90% Added +62.1k +62,119
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 444,865444.9k $53.7m $53.7m 0.00% Reduced -335.2k -335,222
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 307,402307.4k $37.1m $37.1m 0.00% Reduced -48.0k -47,963
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 237,686237.7k $28.7m $28.7m 0.01% Reduced -57.9k -57,885
5 Gradient Investments LLC 0.38% of their portfolio ARDEN HILLS, MN 204,809204.8k $24.7m $24.7m 0.38% Added +14.5k +14,492
6 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 155,496155.5k $18.8m $18.8m 0.01% Added +1.4k +1,407
7 CWM, LLC 0.04% of their portfolio OMAHA, NE 126,791126.8k $15.3m $15.3m 0.04% Reduced -13.4k -13,409
8 Kestra Advisory Services, LLC 0.06% of their portfolio AUSTIN, TX 126,005126.0k $15.2m $15.2m 0.06% Added +6.3k +6,251
9 Anfield Capital Management, LLC 3.43% of their portfolio IRVINE, CA 103,351103.4k $12.5m $12.5m 3.43% Added +8.2k +8,235
10 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 99,22799.2k $12.0m $12.0m 0.02% Added +73.5k +73,497
11 Serenus Wealth Advisors, LLC 0.02% of their portfolio SANTA MONICA, CA 96,39296.4k $96.4k $96.4k 0.02% Unchanged
12 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 91,71291.7k $11.1m $11.1m 0.00% Added +12.9k +12,940
13 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 75,58475.6k $9.1m $9.1m 0.02% Added +5.6k +5,570
14 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 66,89266.9k $8.1m $8.1m 0.01% Reduced -6.1k -6,104
15 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 66,63966.6k $8.0m $8.0m 0.01% Reduced -12.9k -12,870
16 Relyea Zuckerberg Hanson LLC 0.67% of their portfolio STAMFORD, CT 55,47655.5k $6.7m $6.7m 0.67% Reduced -563 -563
17 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 50,37650.4k $6.1m $6.1m 0.01% Reduced -7.6k -7,589
18 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 49,92749.9k $6.0m $6.0m 0.00% Reduced -93.0k -93,000
19 PRUDENTIAL PLC 0.04% of their portfolio LONDON, X0 43,65043.6k $5.3m $5.3m 0.04% Unchanged
20 AdvisorNet Financial, Inc 0.23% of their portfolio MINNETONKA, MN 36,68736.7k $4.4m $4.4m 0.23% Added +1.6k +1,620
21 Wealth Management Partners, LLC 1.18% of their portfolio TUCSON, AZ 34,14334.1k $4.1m $4.1m 1.18% Added +1.5k +1,498
22 Crescent Grove Advisors, LLC 0.41% of their portfolio LAKE FOREST, IL 33,90833.9k $4.1m $4.1m 0.41% Added +750 +750
23 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 31,29731.3k $3.8m $3.8m 0.00% Reduced -1.1k -1,105
24 Mattson Financial Services, LLC 0.90% of their portfolio KENTWOOD, MI 31,22131.2k $3.8m $3.8m 0.90% Added +1.8k +1,820
25 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 30,42930.4k $3.7m $3.7m 0.00% Added +2.7k +2,694
26 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 29,06729.1k $3.5m $3.5m 0.02% Reduced -233 -233
27 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 27,21627.2k $3.3m $3.3m 0.00% Reduced -1.7k -1,724
28 Mariner, LLC 0.00% of their portfolio Overland Park, KS 26,94126.9k $3.2m $3.2m 0.00% Added +5.5k +5,547
29 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 26,62926.6k $3.2m $3.2m 0.00% Added +4.1k +4,054
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 23,27723.3k $2.8m $2.8m 0.00% Reduced -397 -397
31 Mutual Advisors, LLC 0.06% of their portfolio OMAHA, NE 23,10923.1k $2.8m $2.8m 0.06% Reduced -391 -391
32 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 23,02223.0k $2.8m $2.8m 0.01% Reduced -760 -760
33 VICTORY FINANCIAL GROUP, LLC 0.34% of their portfolio AUSTIN, TX 22,81622.8k $2.8m $2.8m 0.34% Added +3.8k +3,828
34 Brookstone Capital Management 0.03% of their portfolio WHEATON, IL 22,68622.7k $2.7m $2.7m 0.03% Reduced -4.1k -4,074
35 Aptus Capital Advisors, LLC 0.02% of their portfolio FAIRHOPE, AL 21,53621.5k $2.6m $2.6m 0.02% Reduced -2.7k -2,739
36 Financial Guidance Group, Inc. 1.04% of their portfolio Palm Harbor, FL 21,38521.4k $2.6m $2.6m 1.04% Reduced -2.8k -2,794
37 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 21,13121.1k $2.5m $2.5m 0.01% Added +2.6k +2,612
38 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 20,46920.5k $2.5m $2.5m 0.01% Added +185 +185
39 Vienna Asset Management LLC 1.81% of their portfolio SARATOGA, CA 18,95619.0k $2.3m $2.3m 1.81% New
40 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 16,28316.3k $2.0m $2.0m 0.00% Added +6.9k +6,881
41 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 16,23616.2k $2.0m $2.0m 0.01% Reduced -3.2k -3,203
42 Geneos Wealth Management Inc. 0.04% of their portfolio ENGLEWOOD, CO 15,73715.7k $1.9m $1.9m 0.04% Unchanged
43 MARSHALL INVESTMENT MANAGEMENT, LLC 0.75% of their portfolio LITTLETON, CO 13,04813.0k $1.6m $1.6m 0.75% Reduced -6.0k -6,043
44 Purus Wealth Management, LLC 0.48% of their portfolio Newport Beach, CA 12,53412.5k $1.5m $1.5m 0.48% Reduced -103 -103
45 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,04311.0k $1.3m $1.3m 0.00% Reduced -2.0k -2,005
46 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 10,85710.9k $1.3m $1.3m 0.01% Added +2.0k +2,019
47 Sterling Investment Counsel, LLC 0.36% of their portfolio Buffalo, NY 10,76910.8k $1.3m $1.3m 0.36% Added +916 +916
48 Phoenix Wealth Advisors 0.51% of their portfolio CHAPEL HILL, NC 10,68010.7k $1.3m $1.3m 0.51% Reduced -293 -293
49 Copia Wealth Management 0.88% of their portfolio BEND, OR 10,63910.6k $1.3m $1.3m 0.88% Reduced -2.4k -2,393
50 Keating Financial Advisory Services, Inc. 0.21% of their portfolio MANHATTAN, KS 10,54310.5k $1.3m $1.3m 0.21% Added +420 +420
51 VestGen Advisors, LLC 0.04% of their portfolio CHICAGO, IL 10,54010.5k $1.5m $1.5m 0.04% Added +507 +507
52 UBS Group AG 0.00% of their portfolio ZURICH, V8 10,37010.4k $1.3m $1.3m 0.00% Reduced -644 -644
53 GFS Advisors, LLC 0.07% of their portfolio HOUSTON, TX 9,5649.6k $1.1m $1.1m 0.07% New
54 One Capital Management, LLC 0.03% of their portfolio WESTLAKE VILLAGE, CA 9,0639.1k $1.1m $1.1m 0.03% Reduced -1.8k -1,775
55 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 9,0339.0k $1.1m $1.1m 0.01% Added +1.6k +1,553
56 Ashton Thomas Private Wealth, LLC 0.02% of their portfolio SCOTTSDALE, AZ 8,5298.5k $1.0m $1.0m 0.02% Added +500 +500
57 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 8,1308.1k $980.6k $980.6k 0.01% New
58 Ameritas Advisory Services, LLC 0.04% of their portfolio Lincoln, NE 7,8537.9k $947.1k $947.1k 0.04% Added +389 +389
59 Western Wealth Management, LLC 0.04% of their portfolio GOLDEN, CO 7,7207.7k $931.1k $931.1k 0.04% Added +1.0k +1,049
60 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 7,6027.6k $916.9k $916.9k 0.00% Reduced -791 -791
61 17 CAPITAL PARTNERS, LLC 0.46% of their portfolio PHEONIX, AZ 7,3767.4k $889.6k $889.6k 0.46% Added +453 +453
62 Betterment LLC 0.00% of their portfolio NEW YORK, NY 6,8706.9k $829.0k $829.0k 0.00% Added +175 +175
63 Mosley Wealth Management 0.51% of their portfolio ANAHEIM, CA 6,4626.5k $1.1m $1.1m 0.51% Unchanged
64 Medallion Wealth Advisors, LLC 0.25% of their portfolio FARMINGTON, CT 6,3816.4k $769.6k $769.6k 0.25% Reduced -175 -175
65 Pacific Sun Financial Corp 0.37% of their portfolio LOS ANGELES, CA 6,3626.4k $767.3k $767.3k 0.37% Reduced -220 -220
66 Osbon Capital Management LLC 0.60% of their portfolio BOSTON, MA 6,0816.1k $733.4k $733.4k 0.60% Unchanged
67 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 5,9536.0k $718.1k $718.1k 0.01% Reduced -14.8k -14,841
68 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 5,8845.9k $709.7k $709.7k 0.00% Reduced -1.1k -1,129
69 Quantitative Investment Management, LLC 0.07% of their portfolio CHARLOTTESVILLE, VA 5,7815.8k $697.0k $697.0k 0.07% New
70 Manske Wealth Management 0.19% of their portfolio HOUSTON, TX 5,5695.6k $671.7k $671.7k 0.19% Reduced -123 -123
71 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 5,3005.3k $639.2k $639.2k 0.00% Reduced -3.8k -3,800
72 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 4,8674.9k $587.0k $587.0k 0.00% Reduced -38.7k -38,690
73 INTEGRITY ALLIANCE, LLC. 0.02% of their portfolio Urbandale, IA 4,7844.8k $577.1k $577.1k 0.02% Reduced -294 -294
74 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 4,7634.8k $574.5k $574.5k 0.00% Reduced -334 -334
75 Intrua Financial, LLC 0.06% of their portfolio Houston, TX 4,6504.7k $560.8k $560.8k 0.06% Reduced -200 -200
76 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 4,4914.5k $541.7k $541.7k 0.00% Reduced -190 -190
77 Cornerstone Wealth Management, LLC 0.03% of their portfolio ST. PETERS, MO 4,3944.4k $530.0k $530.0k 0.03% Added +495 +495
78 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 4,3054.3k $519.2k $519.2k 0.00% New
79 NWAM LLC 0.03% of their portfolio MERCER ISLAND, WA 4,1054.1k $495.1k $495.1k 0.03% Unchanged
80 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 4,0944.1k $493.7k $493.7k 0.00% Reduced -172 -172
81 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 4,0804.1k $492.0k $492.0k 0.01% Added +525 +525
82 Clearstead Trust, LLC 0.08% of their portfolio PORTLAND, ME 4,0164.0k $484.4k $484.4k 0.08% Unchanged
83 Elwood & Goetz Wealth Advisory Group, LLC 0.08% of their portfolio ATHENS, GA 3,9013.9k $470.5k $470.5k 0.08% Unchanged
84 Advyzon Investment Management, LLC 0.04% of their portfolio LISLE, IL 3,8633.9k $465.9k $465.9k 0.04% Added +1.2k +1,169
85 StoneX Group Inc. 0.02% of their portfolio NEW YORK, NY 3,8153.8k $460.2k $460.2k 0.02% Reduced -2.4k -2,367
86 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 3,7473.7k $451.9k $451.9k 0.00% Added +1.0k +1,040
87 Provenance Wealth Advisors, LLC 0.05% of their portfolio FORT LAUDERDALE, FL 3,7183.7k $448.4k $448.4k 0.05% Unchanged
88 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 3,7173.7k $448.3k $448.3k 0.00% Unchanged
89 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 3,6263.6k $437.2k $437.2k 0.00% Reduced -3.5k -3,481
90 Paladin Wealth, LLC 0.28% of their portfolio ARDEN HILLS, MN 3,4183.4k $412.2k $412.2k 0.28% Added +985 +985
91 Clear Harbor Asset Management, LLC 0.03% of their portfolio Stamford, CT 3,3453.3k $403.4k $403.4k 0.03% Unchanged
92 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 3,3063.3k $398.7k $398.7k 0.01% Reduced -735 -735
93 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 3,0003.0k $361.8k $361.8k 0.00% Unchanged
94 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 2,9663.0k $356.7k $356.7k 0.00% Reduced -22 -22
95 LAM GROUP, INC. 0.19% of their portfolio LAKE OSWEGO, OR 2,9002.9k $349.8k $349.8k 0.19% Reduced -200 -200
96 Concurrent Investment Advisors, LLC 0.00% of their portfolio Tampa, FL 2,7282.7k $329.0k $329.0k 0.00% Added +413 +413
97 PFG Investments, LLC 0.01% of their portfolio WOODBURY, NY 2,6532.7k $320.0k $320.0k 0.01% Reduced -47 -47
98 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 2,5902.6k $312.4k $312.4k 0.00% Reduced -1.5k -1,511
99 Waldron Private Wealth LLC 0.01% of their portfolio BRIDGEVILLE, PA 2,5782.6k $310.9k $310.9k 0.01% Unchanged
100 Belpointe Asset Management LLC 0.01% of their portfolio RENO, NV 2,5222.5k $304.3k $304.3k 0.01% Reduced -445 -445